Last November, DBS hired investment banking veteran, George Hongchoy to run DBS Asia Capital. The goal was to build a strong investment banking franchise. Hongchoy had been with NM Rothschild, JPMorgan and Jardine Fleming in a career that has spanned over 40 equity deals and 50 MA transactions.
Hongchoy has now made three other key hires as he seeks to flesh-out the platform and deliver quicker growth. The three managing director level hires are Michael Yao, Jason Wong and Liu Xiaofeng.
Yao comes in as head of ECM, after a successful career mostly spent at Goldman Sachs, where he was a managing director. Yao...
